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501 NE 31st St # 1, Miami FL 33137

Commercial For Sale
$5,400,000

BTC: 86.40000000

ETH: 3,209.12818684

3 days
0 room(s)

Overview

Exceptional opportunity to own a premier two-story commercial space in the heart of Edgewater at Paraiso Bayviews. This unique corner unit offers 7,108 SF across two levels, with 3,554 SF per floor, featuring the largest glass frontages in the building and one of the largest in the area, dramatic double-height exposure, a private elevator, and 11 dedicated parking spaces. Delivered in vanilla box condition, the property provides complete flexibility to customize the space for retail, medical, wellness, office, showroom, educational, restaurant, or professional uses. Located in one of Miami's fastest-growing neighborhoods, the property benefits from outstanding visibility, strong pedestrian and vehicle traffic, and immediate access to Midtown, the Design District, Wynwood, Downtown Miami, and Biscayne Boulevard. Ideal for owner-users seeking a flagship location or investors looking for a high-profile asset with flexible leasing potential. Seller financing available, a rare and highly valuable opportunity. Available as a full two-story commercial unit totaling 7,108 SF.

Location

Details

Type:
Commercial Sale
Parking:
Valet
Year Built:
2018
Lot:
7108 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,837,762
$2.3M – $5.7M
Confidence Low
List vs. estimate
$2.6M above estimate
List $5,400,000 · +90.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $632K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
11 spaces
All facts and features
  • Parking

    • Valet

    Lot

    • Lot: 7108 Square Feet

    Other Property Information

    • Parcel Number: 01-32-30-096-3890

    • Zoning: 4604

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Source details

    • MLS ID: A12032472

    Other facts

    • Lot Features: Corner Unit

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lumer Real Estate